Capital One price target raised to $206 from $173 at BofA
The Fly

Capital One price target raised to $206 from $173 at BofA

BofA raised the firm’s price target on Capital One (COF) to $206 from $173 and keeps a Buy rating on the shares. The firm is raising its multiples across the pure-play card issuers following the election as investor optimism around regulatory relief, lower tax rates, and faster growth has improved sentiment across the sector, the analyst noted.

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